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Banco Comercial Portugues

Capital/Financing Update Sep 19, 2017

1913_iss_2017-09-19_7b5d5fa9-fb25-497e-8457-d57330336a2a.pdf

Capital/Financing Update

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BANCO BPI, S.A. Public Company Registered office: Rua Tenente Valadim, 284, Porto Share capital: € 1 293 063 324.98 Registered at Commercial Registry of Porto under Unique taxpayer reference number 501 214 534

ANNOUNCEMENT

Banco BPI, S.A. hereby informs that the rating agency Standard & Poor's has upgraded the Bank long-term debt rating from BB+ to BBB- (investment grade). The Outlook remains stable. The short-term rating was upgraded from B to A-3.

The Stand-Alone Credit Profile (SACP) was kept at bb-.

Following S&P's upgrade, Banco BPI now holds long-term investment grade ratings by two agencies.

Banco BPI, S.A.

Porto, 19 September 2017

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